Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share ("EPS")

v3.23.3
Earnings (Loss) Per Common Share ("EPS")
9 Months Ended
Sep. 30, 2023
Earnings (Loss) Per Common Share ("EPS")  
Earnings (Loss) Per Common Share ("EPS")

(3) Earnings (Loss) Per Common Share (“EPS”)

Basic EPS is computed by dividing net earnings (loss) attributable to common shareholders by the weighted average number of common shares outstanding (“WASO”) for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented. Excluded from EPS for the three and nine months ended September 30, 2023 are 1 million and 2 million, respectively, of potential common shares due to stock options because their inclusion would be antidilutive.  Excluded from EPS for both of the three and nine months ended September 30, 2022 are 3 million of potential common shares due to stock options because their inclusion would be antidilutive.

TripCo Common Stock

Three months ended

Nine months ended

September 30,

September 30,

2023

2022

2023

2022

number of shares in millions

Basic WASO

 

77

 

76

 

76

76

Potentially dilutive shares (1)

 

2

 

2

 

2

1

Diluted WASO

 

79

 

78

 

78

77

(1) Potentially dilutive shares are excluded from the computation of diluted EPS during periods in which losses are reported since the result would be antidilutive.